WTW · 10-Q · 2026Q3 · Full report

Share Repurchase Program

WILLIS TOWERS WATSON PLC · 2026-10-29 · Importance 58 · Surprise 42 · Contradicted

WTW repurchased $970 million of shares during the first nine months of 2026, including $220 million in the third quarter. The company repurchased 3,435,294 shares at an average price of $282.35 during the nine-month period. On July 28, 2026, the board approved a $1.5 billion increase to the program, bringing cumulative authorization since 2016 to $13.2 billion. Approximately $1.8 billion remained authorized at September 30, 2026.

Key facts

• On July 28, 2026, WTW’s board approved a $1.5 billion increase to its existing share repurchase program, bringing total authorization since April 20, 2016 to $13.2 billion. source
• WTW repurchased $970 million of shares during the nine months ended September 30, 2026 and had authorization to repurchase an additional $1.8 billion. source
• At September 30, 2026, approximately $1.8 billion remained under WTW’s repurchase authority; 6,320,621 shares could have been repurchased at the September 30 closing price of $288.23. source
• WTW repurchased 3,435,294 shares at an average $282.35 per share for an aggregate $970 million in the nine months ended September 30, 2026. source
• WTW repurchased 687,386 shares at an average $320.05 per share for an aggregate $220 million in the three months ended September 30, 2026. source
• WTW adjusted diluted earnings per share increased in both the three- and nine-month periods ended September 30, 2026 partly because share repurchases over the last year reduced the weighted-average outstanding share count. source

Impact estimates